Traders and crypto lovers are scanning the market as they look for the best coins to invest in for the bull market. They include Shiba Inu, Pullix, and Avalanche, read on to find out why analysts tip them for the biggest earning tokens in the bull market.
Shiba Inu (SHIB) Has A Major Resistance At $0.000016, Says Analyst Ali
In a recent post on X, the popular analyst Ali Martinez mentioned the Shiba Inu (SHIB) recent price growth in recent months. Ali observed a 55% increase in the Shiba Inu price over the past three months. This indicated a strong upward momentum.
The Shiba Inu price increase has been linked to an increase that began in late October and early November 2023. Nonetheless, Ali identified a major price barrier for the Shiba Inu coin, which is around $0.000016.
Over 90,000 addresses have bought 422+ trillion SHIB tokens above this level. If there is a broad sell-off at this price point, the Shiba Inu’s price may fall. On the other hand, if there is no huge sell-off, the Shiba Inu coin could continue its upward trend to $0.00002.
Avalanche (AVAX) Announces Retirement of Avalanche Web Wallet
The cryptocurrency market faced a setback on Monday, wiping off over $83 billion in market capitalization. Nonetheless, AVAX managed to weather the storm. After hitting a yearly low of $8.70 on September 25th, the Avalanche crypto price price has surged by approximately 400%, reaching $34.87.
The platform’s latest $213 million token unlock did not affect the token’s price momentum. There has also been a surge in trading activity in recent weeks. Furthermore, the platform’s staking rewards have brought hope to the Avalanche crypto market.
Recently, Ava Labs announced the retirement of the Avalanche Web Wallet on January 23rd. The aim is to pave the way for the advanced AVAX staking-focused Core Wallet to improve user experience. Analysts have foreseen a 20x rally in a bull market.
Pullix (PLX) Offers Crypto Traders Access To Diverse Assets
Pullix (PLX) has introduced a user-friendly trading platform allowing individuals to exchange various assets. Commodities, stocks, digital assets, and other derivatives will be available on the exchange. Thus, the need to maintain several accounts on various platforms will be eliminated. Cryptocurrencies can also be used as collateral for over-the-counter (OTC) derivative trading.
The platform’s anonymous trading feature is another intriguing feature. Pullix, unlike many other platforms, does not require users to go through the Know Your Customer (KYC) process while registering. Pullix has also launched its own native coin PLX, the currency has the potential to become one of the market’s top DeFi coins.
This coin is crucial to the cryptocurrency world’s “Trade-to-Earn” idea. Traders can use the token to engage in trade operations like buying, selling, and swapping different assets. The platform also provides trading challenges that users may participate in to gain extra money.
Pullix’s platform is scheduled to become available to all users in the first quarter of 2024. The PLX token is now worth $0.042. Experts predict a big influx of users due to Pullix’s multiple features and native token. As a result, they forecast that Pullix will climb 580% and become one of the top DeFi coins in the crypto industry.
Conclusion
Shiba Inu, Pullix, and Avalanche have been tipped as the best coins to invest in in a bull season. Since Pullix is in its presale phase with a low market cap, it has the potential to record greater gains than more established cryptos.
For more information regarding Pullix’s presale see links below:
